Is there provision to get refund of value of Stamp papers not used or spoiled etc.?

- by Ramarathnam, K.G.F.

Yes, there is provision. (a) If Stamp paper is purchased and executed as security to get loan and such loan could not be obtained on execution of such document within 6 months from the date of execution, and (b) when the stamp paper is not used for the purpose for which it was purchased, within one year from the date of such purchase. Application may be submitted within the time limit mentioned below to the District Registrar (Deputy Commissioner of Stamps), Assistant Commissioner (Revenue Division) or Assistant Commissioner of Stamps.

When time limit prescribed above has elapsed, application may be submitted to the Government within 10 years from the date of purchase.

These are all the legal questions answered by Advocate S.Selvakumar in various magazines, in various occasion including realestate reporter monthly.

Disclaimer:

The purpose of this Website www.advocateselvakumar.com is to provide free legal information service on Indian Laws and legal system. It will do its utmost to ensure that the information presented is fully conforms to the requisites of accuracy; however, the possibility of errors or unintentional omissions cannot be excluded. Under no circumstances, www.advocateselvakumar.com (or) its Owner, is liable in any way for damage, loss, prejudice of any nature that the third parties might suffer as a result of contact with this website. www.advocateselvakumar.com does not accept any responsibility for the information created or published by third parties whoever visit, using a link, and they shall be doing so at their own risk and accept that they should take all necessary precautions to protect themselves from computer viruses or similar phenomena. This website does not intend links to other sites and this does not imply an invitation, sponsorship or affiliation with the linked websites. www.advocateselvakumar.com does not guarantee that the information is accurate, comprehensive and useful and is not liable in any way for damage, loss, prejudices of any nature that third parties might suffer as a result of misuse or use of this website, in particular, if caused by errors or omissions. Consequently, whoever use this information shall do so entirely at his own risk and responsibility and no information on this website can be considered or understood in any way as an invitation or incitement or as a means.